Caribbean Development Bank

Published purpose

This contribution represents Canada’s institutional support to the Caribbean Development Bank (CDB). Based in Barbados, the CDB is a multilateral development financial institution whose mandate is to work towards the systematic reduction of poverty in its borrowing member countries through social and economic development. The CDB is guided by its Strategic Plan 2010-2014, which focuses on four key priorities: (1) promoting broad-based economic growth and inclusive social development; (2) supporting environmental sustainability and disaster risk management; (3) promoting good governance; and (4) fostering regional cooperation and integration. Gender equality is a cross-cutting theme, to broaden the impacts of poverty reduction efforts of all the CDB’s activities. To make progress in these priority areas, the CDB supports activities designed to improve access to education, agricultural development, infrastructure (e.g. roads, sea defense, landslip protection, urban drainage, and community infrastructure), water, and sanitation.